I enjoyed this poem a lot. It's neat that there's an extra creepiness to this because of the double meaning of the poem that I sensed. When you describe the appearance of the watch, it's as if you're also describing him as a ruler, like lines 6-8. His subjects suffered while he kept living. He was a powerful ruler, but when you consider him as human, he may as well be dead, without any fellow feeling (hands dead white, battered chain descending cold as the whole of you, broken non-functioning) really awesome job delving into subconscious. Keep writing!